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8180 Bramell, Detroit, MI 48239

3 beds • 2 baths • 1768 sqft

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This property looks like a bad Airbnb investment with a projected -18.67% first-year return on $53,553 initial cash invested.

-18.67%

Cash On Cash

0.99%

Cap Rate

0.15

DSCR

$1,067

Rent

-$833

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,067 income − $1,900 expenses = $833 out of pocket

Income$1,067Out of Pocket$833Mortgage P&I$93087%Property Taxes$38736%Insurance$707%Management$16015%CapEx$434%Maintenance$434%Other$26725%

Investment Breakdown

|

Purchase Price

$169k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$53,553

Downpayment

20%

$33,860

Closing costs

1%

$1,693

Rehab

0%

$0

Furnishing

11%

$18,000

Cashflow

Total Income

$1,067

Total Expenses

$1,900

Mortgage P&I

87%

$930

Property Taxes

36%

$387

Home Insurance

7%

$70

HOA

0%

$0

Property Management

15%

$160

CapEx

4%

$43

Vacancy

0%

$0

Maintenance

4%

$43

Other

25%

$267

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